electricity
Strengthening Energy Ties – Romanian Section of the Power Line to Serbia Commissioned
At the beginning of the year, a meeting was held in Athens between the energy ministers of Romania and Serbia to discuss opportunities for enhancing cooperation in the energy sector. The discussions emphasized the importance of regional connectivity in the…
SEE Energy Conference Concludes – The Future Lies in ESG Principles, Batteries, and Renewable Energy Sources
The seventh SEE Energy business conference successfully concluded in Novi Sad, with the second day focusing on in-depth discussions by experts on the key topics of energy transition. The first panel of the day centered on ESG principles in energy…
Geopolitical tensions are laying bare fragilities in the global energy system
Regional conflicts and geopolitical strains are highlighting significant fragilities in today’s global energy system, making clear the need for stronger policies and greater investments to accelerate and expand the transition to cleaner and more secure technologies, according to the IEA’s…
Wind Turbine Orders and Supply Chain Investments Are Up – But Urgent Action Is Required on Grids, Permitting And Auction Design
In the first half (H1) of 2024 Europe added 6.4 GW of new wind energy capacity: 5.3 GW onshore and 1.1 GW offshore. The EU-27 built 5.7 GW of this: 4.7 GW onshore and 1 GW offshore. Germany built the…
IEA policy review highlights UK leadership on climate policy and emission reduction efforts
The IEA regularly conducts reviews of the energy and related climate policies of its member countries and provides recommendations – a process that supports energy policy development and encourages the exchange of international best practices and experiences. This latest review of…
Global coal demand is set to remain broadly flat through 2025
Global coal demand is set to remain broadly unchanged in both 2024 and 2025 as surging electricity demand in some major economies offsets the impacts of a gradual recovery in hydropower and the rapid expansion of solar and wind, according…
Investment in Clean Energy This Year is Set to be Twice the Amount Going to Fossil Fuels
Despite pressures on financing, global investment in clean energy is set to reach almost double the amount going to fossil fuels in 2024, helped by improving supply chains and lower costs for clean technologies, according to a new IEA report.…